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by baron_harkonnen 1725 days ago
I don't think that's as relevant as the current demand for VCs to unload their investments as fast as possible before the next major economic catastrophe.

It boggles my mind that we're set to nearly double the record number of IPOs this year, and last year was the highest number since 1999, yet in general no one finds this at all interesting or alarming.

2 comments

I don't think I have any special insight here, but it seems like a lot of the companies this time have actual products, revenue, and a plausible path forward. I've also read that during the period from 2008 until about 2019 there was an unusually low number of IPOs.
Yeah Udemy does a thing. Profitable and at what scale? I don't know, but it's hardly some weird pump and dump style IPO you see from time to time.
>as fast as possible before the next major economic catastrophe

I'm trying to think of a time where this wasn't being predicted ... I'm not sure it really makes a lot of sense.